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Moneyball by Michael Lewis
1 year ago
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Finance & Crypto
Readings & Audiobooks
oaklandathletics
finance
michaellewis
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billybeane
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“Moneyball: The Art of Winning an Unfair Game” by Michael Lewis, published in 2003, delves into the world of baseball management. Focusing on the Oakland Athletics and their general manager, Billy Beane, the book explores a groundbreaking approach to assembling a competitive team on a limited budget. Beane’s strategy involves sabermetrics—a statistical analysis of player performance—rather than relying on traditional wisdom. By identifying undervalued players based on advanced metrics like on-base percentage and slugging percentage, the A’s achieved success despite their modest budget.
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